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TMI Blog1995 (8) TMI 350X X X X Extracts X X X X X X X X Extracts X X X X ..... cation Order No. 70/ADJ/94-AD(R)/3175 dated 15-3-1994 under which a penalty of Rs. 25,000 has been imposed on Prem-De-Vastra for contravention of section 18(2) of the Foreign Exchange Regulation Act, 1973 ('the Act'). A further penalty of Rs. 15,000 has been imposed on Shri S.K. Sehgal, and Rs. 5,000 on other partners, namely, S.S. Bedi, R.C. Bajaj and Shakti Lekhi. Shakti Lekhi is, howeve ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5 when Ms. Anjana Gosain, Advocate, appeared for the appellant. Dr. Shamsuddin, appeared for the respondents and stated at the outset that the impugned adjudication order of 15-3-1994 was received by the appellants on 4-4-1994. He produced, for my perusal, the adjudication file which contained the postal A/D card indicating the receipt of the order by the appellants on 4-4-1994. The appeal was adm ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hearing. 3.In view of the evidence of receipt of the impugned order by the appellants on 4-4-1994 during the previous hearing, it cannot be disputed that the appeal has been filed much beyond the period of 90 days. Ms. Gosain had been given photocopy of the A/D card during the hearing of the case on 9-8-1995. Under the first proviso to sub-section (2) of section 52 of the Act, this Board has the d ..... X X X X Extracts X X X X X X X X Extracts X X X X
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